106 King Ave, Morristown, TN 37814

$785,000
Property Type: Multi-Family Square Footage: 4,500 Status: Active
Current Price: $785,000 List Date: 2/25/2026 Last Modified: 5/04/2026

Overview

Description

106 King Avenue is a five-unit multifamily investment opportunity located in Morristown, Tennessee. The property features a diverse unit mix, including two 2 bed / 1 bath units, two 1 bed / 1 bath units, and one 4 bed / 2 bath unit, appealing to a broad tenant base and supporting a projected annual income of $75,600. Over $150,000 in recent capital improvements have been completed including a new roof, updated HVAC systems, electrical and plumbing upgrades, and new windows and doors. This property is located centrally in Morristown with convenient access to I-81 and numerous employers and retailers.

Listing Details MLS# 1330487

Location Tax Legal Info

House #
106
Street Name
King
St Suffix
Ave
State/Province
TN
Zip Code
37814
PIN #
034G A 001.02

Contract Info

Auction Y/N
No
Listing Price
785000

General Property Description

SqFt - Total (Aprox)
4500
Lot Dimensions
n/a
Number of Units
5
# Units Leased
5
Year Built
1974
Property Status
N/A
Driveway
Paved
Utilities/Mo Avg
0

Status Change Info

Status Change Date
2026-02-25

Location, Tax & Legal Info

Area
Hamblen County - 38
City/County Code
City Limits
Elementary School
Hillcrest
Middle School
Meadowview
Total Tax
2853.3
High School
Morristown East

Remarks & Misc

Directions
From E Morris Blvd turn left onto S Liberty Hill Road. Then turn left onto E Main St. Turn right onto King Ave. The property is on the right.
Public Remarks
106 King Avenue is a five-unit multifamily investment opportunity located in Morristown, Tennessee. The property features a diverse unit mix, including two 2 bed / 1 bath units, two 1 bed / 1 bath units, and one 4 bed / 2 bath unit, appealing to a broad tenant base and supporting a projected annual income of $75,600. Over $150,000 in recent capital improvements have been completed including a new roof, updated HVAC systems, electrical and plumbing upgrades, and new windows and doors. This property is located centrally in Morristown with convenient access to I-81 and numerous employers and retailers.

More Information

Property Sub-Type

Five or Six Plex
Yes

Construction

Frame
Yes

Type of Units

1 Bedroom Unit
Yes
2 Bedroom Unit
Yes
3 or more Bdrm Units
Yes

Sale Includes

Building and Land
Yes

Miscellaneous

Washer/Dryer Cnctns
Yes

Cooling

Central Cooling
Yes

Floors

Carpet
Yes
Vinyl
Yes

Garage/Parking

On Premise Parking
Yes

Fuel

Other Fuel
Yes

Heat

Central
Yes

Appliances

Microwave
Yes
Range
Yes
Refrigerator
Yes

Other Rooms

Bedroom Main Level
Yes

Roof

Shingle
Yes

Misc Features

Washer/Dryer Connect
Yes

New Financing

Cash
Yes
Conventional
Yes
New Loan
Yes

Showing

See Agent Instructns
Yes

Property Features

Property Sub-Type: Five or Six Plex Type of Units: 1 Bedroom Unit; 2 Bedroom Unit; 3 or more Bdrm Units Sale Includes: Building and Land Floors: Carpet; Vinyl Fuel: Other Fuel Heat: Central Cooling: Central Cooling Appliances: Microwave; Range; Refrigerator Construction: Frame Roof: Shingle Misc Features: Washer/Dryer Connect Other Rooms: Bedroom Main Level Miscellaneous: Washer/Dryer Cnctns New Financing: Cash; Conventional; New Loan Showing: See Agent Instructns
IDX
Listing Office: PWA Properties
Office Phone: 865-233-6441
Last Updated: May - 04 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.